SOURCE: Atlantis Technology Group

March 11, 2008 09:15 ET

Atlantis Technology Group Announces That Its Wholly Owned Subsidiary Global Online Television Corporation (GOTV) Acquires New Assets

CARSON CITY, NV--(Marketwire - March 11, 2008) - Atlantis Technology Group (OTCBB: ATNO) announced today that wholly owned subsidiary Global Online Television Corporation (GOTV) www.globalonlinetelevision.com has acquired hardware assets for the development and operations of the backend interface. The assets consist of several routers, servers and other various computer components useful towards the forward progress of launching the GOTV service. These assets were given as a good will gesture by CEO Christopher Dubeau to the subsidiary Global Online Television Corporation (GOTV) for no compensation in an effort to speed up the progress of the project.

CEO Christopher M Dubeau states, "I believe in the future of this company and understand the vision, hard work, and dedication it takes to make it a success." He went on to state, "The software developmental stage of this project is getting closer every day towards the completion of the GOTV interface and middleware."

A video clip of the standard package being offered by GOTV is available to view at http://www.globalonlinetelevision.com/gotv/vid/gotv.mpg

ABOUT GLOBAL ONLINE TELEVISION

Global Online Television Corporation was originally developed by Atlantis Technology Group as a media division that would explore and further media-based technology. GOTV brings the largest internet protocol television networks together for your home television viewing. IPTV is TV to TV using standard broadband connections thus making it possible for 93% of the world's broadband users to relieve its streams. Using the IPTV and Microsoft Windows Media Player, the video stream is delivered to your home television over any broadband internet connection. This means that if you already have a connection, like DSL or cable modem, then you're ready to go. To find out more about Global Online Television please visit http://www.globalonlinetelevision.com.

ABOUT ATLANTIS TECHNOLOGY GROUP

Atlantis Technology Group was formed to develop privately held and publicly traded technology companies that focus on high-growth investments at the leading edge of business and technological innovation.

Atlantis Technology Group is engaged in providing debt and equity financing to public and private companies, as well as private equity funds, for working capital, acquisitions, management buyouts, projects and special situations within the newly announced target area. The Company's management intends to aggressively pursue new acquisitions that would enhance the existing portfolio of investments and that would be expected to enhance shareholder value through capital appreciation and dividend payments to the Company. Atlantis Technology Group intends to offer its clients a "one stop shop" of equity and senior, subordinated, structured and mezzanine debt to realize their business development objectives.

Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995: This release contains forward-looking information. Statements that are not descriptions of historical facts are forward-looking statements provided under the "safe harbor" protection of the Private Securities Litigation Reform Act of 1995. These statements are made to enable a better understanding of our business, but because these forward-looking statements are subject to many risks, uncertainties, future developments and changes over time, actual results may differ materially from those expressed or implied by such forward-looking statements. Examples of forward-looking statements are statements about anticipated financial or operating results, financial projections, business prospects, future product performance and other matters that are not historical facts. Such statements often include words such as "believes," "expects," "anticipates," "intends," "plans," "estimates" or similar expressions.

These forward-looking statements are based on the information that was currently available to us, and the expectations and assumptions that were deemed reasonable by us, at the time the statements were made. We do not undertake any obligation to update any forward-looking statements in this report or in any of our other communications, except as required by law, and all such forward-looking statements should be read as of the time the statements were made, and with the recognition that these forward-looking statements may not be complete or accurate at a later date.

Contact Information

  • Additional Information:
    Christopher M. Dubeau
    CEO
    702-988-1227